Markets
COVID-19 Court Delays May Turn the Social Inflation Tide
Defense attorney Ellen Greiper reported receiving more than the usual number of phone calls from plaintiffs attorneys earlier this month, suggesting that the call dynamics could be signaling a ...
The Latest Launches From Starr, Travelers and Root
Starr has launched a new usage-based general aviation product. Travelers is offering risk management resources to help businesses safely reopen amid the pandemic. Root Insurance has joined forces ...
Workers Comp InsurTech Pie Raises $127M With Plan to Acquire Carriers
Workers compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments. Gallatin Point Capital joined the InsurTech's current investors in the ...
Business Interrupted: Why Insurers Are on the Hook for COVID-19
If you own business Interruption insurance, and your business gets interrupted by COVID-19, the income you lose must be covered by your policy, right? Not exactly, as people across the country are ...
Contact Tracing App Violates Privacy, Tech Privacy Firm Says
A contact tracing app pushed by the governors of North Dakota and South Dakota as a tool to trace exposure to the coronavirus violated its own privacy policy by sharing location and user ...
Driving Hasn’t Found Its New Normal Yet: Opinion
Memorial Day weekend, the typical start of the U.S. summer driving season, has come and gone. Data on just how much driving Americans did is trickling in, and it's a bit noisy. Apple mobility trends ...
Reinsurers Won’t Earn Cost of Capital; More Rate Hikes: Fitch
The global reinsurance sector will fail to earn its cost of capital in 2020 amid the coronavirus crisis, which will help maintain reinsurance price increases during the year ahead, said Fitch ...
Not All Homes in Wildfire Zones Are Uninsurable; Zesty.ai Refines Scoring Model
Fire risk scores now used by insurance underwriters can sometimes make it challenging for homeowners to find coverage. Zesty.ai, a California InsurTech startup, is among a handful of firms working to ...